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March 25, 2026

Company News

UPDATE: NERC CEO on Leave After Arrest for Domestic Violence
Gerry Cauley, CEO of the North American Electric Reliability Corp. (NERC) was arrested Friday for domestic violence at his home outside Atlanta.
GE Power
Exelon Gives up 4 of 5 Plants to Lenders in Chapter 11 Filing
Exelon will relinquish four Texas natural gas plants and pay $60 million to keep a fifth plant as part of its ExGen Texas Power subsidiary's bankruptcy.
CenterPoint Energy
CenterPoint, OGE in ‘Late-Stage’ Talks over Enable Midstream
CenterPoint Energy executives said the company is in “late-stage discussions” over its Enable Midstream Partners gas-gathering and processing joint venture.
PGE Earnings up 42% on Lower Expenses
Pacific Gas and Electric (PG&E) earnings jumped 42% to $550 million during the third quarter ($1.07/share), boosted in large part by reduced expenses.
Pinnacle West Capital Profit Rises on Customer Growth
Pinnacle West Capital, parent of APS, earned $276 million ($2.46/share) in the third quarter, compared with $263 million during the same period in 2016.
CEOs See Dollar Signs in ZECs, PJM Price Formation
The CEOs of Exelon, PSEG and Dominion praised proposed price supports for nuclear and coal generators during their third-quarter earnings calls.
Alliant Energy
Weather Leaves Alliant Profit Down Despite Rate Hikes
Alliant Energy announced a quarterly profit of $174.3 million ($0.75/share), down from $179.7 million ($0.80/share) a year earlier.
NRG
NRG Optimistic Despite Q3 Profit Decline
NRG Energy earned $171 million ($0.53/share) last quarter, compared with $402 million ($1.27/share) in the same period last year.
Eversource Q3 Earnings Flat on Mild Weather
Eversource Energy reported third-quarter earnings of $260.4 million ($0.82/share), down nearly 2% from the same quarter in 2016.
Con Edison Q3 Earnings Fall 8%
Consolidated Edison’s Q3 earnings fell 8% to $457 million ($1.48/share), a drop the company attributed to changes in its rate plan and regulatory charges.

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